Shanbhag & Associates Mumbai Salaries by 30+ Employees

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Designation	Avg Annual Salary	Open Jobs
Field Service Engineer 2 - 4 years exp. · Mumbai (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr
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National Sales Manager 16 - 18 years exp. · Mumbai (3 salaries)	₹14.6 L/yr - ₹18.6 L/yr
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Applications Engineer 4 - 7 years exp. · Mumbai (3 salaries)	₹4.5 L/yr - ₹7.5 L/yr
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Executive Accountant 3 - 6 years exp. · Mumbai (3 salaries)	₹1.9 L/yr - ₹2.5 L/yr
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Sales Coordinator 4 - 6 years exp. · Mumbai (3 salaries)	₹3.9 L/yr - ₹4.9 L/yr
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Technical Sales Coordinator 4 - 6 years exp. · Mumbai (3 salaries)	₹4.5 L/yr - ₹4.8 L/yr	1 job opening
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Senior Application Engineer 6 years exp. · Mumbai (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
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Technical Sales Manager 4 years exp. · Mumbai (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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Inside Sales Coordinator 4 years exp. · Mumbai (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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Purchase and Logistics Executive 7 - 9 years exp. · Mumbai (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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Technical Sales Engineer 4 years exp. · Mumbai (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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Technical Sales Representative 4 years exp. · Mumbai (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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Junior Accountant 1 year exp. · Mumbai (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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Sales & Application Engineer 9 years exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Accounts & Audit Assistant 5 years exp. · Mumbai (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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Technical Support Engineer 4 years exp. · Mumbai (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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Senior Sales and Application Engineer 8 years exp. · Mumbai (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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Purchase Executive 18 years exp. · Mumbai (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Assistant Business Development and Sales Manager 16 years exp. · Mumbai (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shanbhag & Associates Salary FAQs

How much does Shanbhag & Associates pay to its employees?

The average annual salary at Shanbhag & Associates varies depending on the role, experience, and location. The salary ranges for some popular designations at Shanbhag & Associates, are as follows:

Field Service Engineer	₹2.4 Lakhs to ₹3.6 Lakhs per year
National Sales Manager	₹14.6 Lakhs to ₹18.6 Lakhs per year
Applications Engineer	₹4.5 Lakhs to ₹7.5 Lakhs per year
Executive Accountant	₹1.9 Lakhs to ₹2.5 Lakhs per year

The highest-paying role, Sales Coordinator, earns between ₹3.9 Lakhs to ₹8.5 Lakhs per year. The top 10% of employees earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹16.2 Lakhs per year. Salaries at Shanbhag & Associates can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 36 salaries submitted by Shanbhag & Associates employees. Shanbhag & Associates is rated 3.0 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Shanbhag & Associates , Mumbai is INR . Salary estimates are based on 30+ Shanbhag & Associates latest salaries received from various employees of Shanbhag & Associates.